the hope of doubling your money sounds good, but if it's only turning $1000 into $2000 over several years sound like a pain. There is some eccentric Texan who bought a million dollars in nickels saying they are already worth 6.8¢ each.

Nickels are worth stashing around since they are worth more in metal content than face value. Although it is presently illegal, it almost inevitable that following a debasement that the law will change, and there will be large scale nickel melting. I only have a small stash since I tend to move every 3 years.

Storing Nickels:
Are you doing due diligence with nickels? As many LRC readers know, nickels are the only real "money" being distributed by the U.S. Government at this point in time. The value of the metal in a nickel equals the fiat value assigned to it by the state. This cannot be said about the currently produced pennies, dimes, quarters, or half dollars and certainly cannot be said about the paper money or the even more insidious and plentiful computer digit money that we are forced to use. Nickels are uniformly marked, impractical to counterfeit, and easily recognizable for their metallic content (75% copper, 25% nickel).

In a post-Dollar Collapse economy, when $1 in silver coinage again becomes the equivalent of a day's wage for man (just as it was before WWI), people will still need to make change for small purchases. I believe that real "Nickel" nickels will fill that role, nicely. (However, if silver zooms up in value in the midst of a Depression wherein most heavy industries are shuttered, then it may take 100 or 200 nickels to equal the value of $1 in pre-1965 90% silver coins.)

they have the idea with the penny. minted before a certain date, these pennies have more copper then the pennies they mint now and are worth more then 1 cent in the weight of the metal itself.

so some group of guys have a deal with armored car companies to count/sort the money/deposit/provide change for the customers they transport money for. in the process they weed out the older copper rich pennies for storage and because it is illegal to destroy currency as of now. BUT there is talk of getting rid of the penny so if that ever happens these guys are said to have millions of dollars in valuable copper stashed away in pennies. yeah thats a lot of pennies to be sitting around but they intend to cash them in for the price of the metal when they are allowed to. I hear its a pretty good rate of return if copper prices hold.

My dad was a banker when they switched the coins from silver, man there was a run on coins before the change. even the bank was sending them for scrap versus face value after the change. He was a new employee back then, and at night he would have to sort the change by hand to pull out the old silver, all for min. wage!

Pennies are where the real money is right now. 1982 1/2 or older pennies are almost pure copper. The melt value of a copper penny is about 2.5 cents. The melt value of a nickle is about 1.04

The reason that nickels are valuable is because people think that nickle is about to go up in value like copper did and because the US is about to change or even discontinue the nickle. Also you can just go out and buy a block of nickles and then put them in your safe. Very little effort.

Pennies though are the real treasure trove as you can still get pre... ok I'll call then '82 pennies but the truth is that half way through 1982 is when they changed to zinc. But you will hear people say pre 82 when they mean copper pennies. So these coins are still very much in circulation, some of them quite old.

Every payday I go to the bank and get $100 in pennies. I ask for only customer rolled coins. That means coins that people have collected themselves and then turned into the bank thus guaranteeing that you won't get a whole box of fresh from the mint coins. In fact I've found that I get about 20%-25% pre '82 coins this way.

Sorting, so going through a bunch of pennies by hand sucks. You can weigh them and I did do this for a while but even that takes stupid amounts of time. There is a company that makes a professional coin sorter but it costs $500. But then I found THESE GUYS. This is the same coin tester that is used in video games and vending machines. You put a sample coin in and then run coins through it. If the coin matches it kicks it out to the right if not, to the left. I bolted it to the top of a 5 gallon bucket, I then put a smaller 1 gallon bucket in that on one side. Good coins end up in the 1 gallon and the other coins end up loose in the bottom of the 5 gallon bucket.

I keep the pre '82 coins and everything else gets rolled and goes back to the bank. And no, I take them to a different bank so I don't ever end up getting my own coins back

Still this takes time, luckily for me I turned then into a game for my kids, they LOVE it. Then after the copper coins are sorted then spread them out on the table and go through them looking for wheat pennies or anything odd. I found one penny that was worth $42 dollars.

Why do this? Copper prices are just going up and up. If they kill off the penny they might be worth more as just collector pieces. And in a TEOTWAWKI situation all of the people collecting silver, much less gold are going to have an issue. Would you give a silver piece for a loaf of bread? No, back in the day, copper pieces were the common currency and would be again. And my parents thought playing D&D was a waste of time

I saw a show a few years ago someone back east had opened a warehouse for the express purpose of allowing banks and others to store pennies in mass quantities in speculation that the government would someday allow them to scrap them for the copper, at the time they had millions of dollars stored (face value).

Pennies are where the real money is right now. 1982 1/2 or older pennies are almost pure copper. The melt value of a copper penny is about 2.5 cents. The melt value of a nickle is about 1.04

The reason that nickels are valuable is because people think that nickle is about to go up in value like copper did and because the US is about to change or even discontinue the nickle. Also you can just go out and buy a block of nickles and then put them in your safe. Very little effort.

Pennies though are the real treasure trove as you can still get pre... ok I'll call then '82 pennies but the truth is that half way through 1982 is when they changed to zinc. But you will hear people say pre 82 when they mean copper pennies. So these coins are still very much in circulation, some of them quite old.

Every payday I go to the bank and get $100 in pennies. I ask for only customer rolled coins. That means coins that people have collected themselves and then turned into the bank thus guaranteeing that you won't get a whole box of fresh from the mint coins. In fact I've found that I get about 20%-25% pre '82 coins this way.

Sorting, so going through a bunch of pennies by hand sucks. You can weigh them and I did do this for a while but even that takes stupid amounts of time. There is a company that makes a professional coin sorter but it costs $500. But then I found THESE GUYS. This is the same coin tester that is used in video games and vending machines. You put a sample coin in and then run coins through it. If the coin matches it kicks it out to the right if not, to the left. I bolted it to the top of a 5 gallon bucket, I then put a smaller 1 gallon bucket in that on one side. Good coins end up in the 1 gallon and the other coins end up loose in the bottom of the 5 gallon bucket.

I keep the pre '82 coins and everything else gets rolled and goes back to the bank. And no, I take them to a different bank so I don't ever end up getting my own coins back

Still this takes time, luckily for me I turned then into a game for my kids, they LOVE it. Then after the copper coins are sorted then spread them out on the table and go through them looking for wheat pennies or anything odd. I found one penny that was worth $42 dollars.

Why do this? Copper prices are just going up and up. If they kill off the penny they might be worth more as just collector pieces. And in a TEOTWAWKI situation all of the people collecting silver, much less gold are going to have an issue. Would you give a silver piece for a loaf of bread? No, back in the day, copper pieces were the common currency and would be again. And my parents thought playing D&D was a waste of time

I do this but on a smaller scale. I try to get $25 each payday, but I sort by hand so I can look for doubles, interesting looking coins, etc. And since I only pull smaller amounts I don't worry about re-rolling, I just go to coinstar and cash in my coins for an amazon giftcard (no fee for GCs). My rate is probably around 20%, so you're at a bit of an advantage with those hand rolls. But YMMV

That is not only an intrinsic value but a hell of a profit margin. They may not be as pretty or easy to stack as your interlocking silver bars but they add up just the same and should the SHTF will be a hell of a lot easier to use to day to day things.

Gonna steal a big twin from the local airport. Load up all my dried food and guns/ammo and head to a friends airport in Northern Nevada. Haven't flown in about 4 years but it's just like ridding a bike. One trip down the runway and 15 minutes in the air it'll all be good.

Gonna steal a big twin from the local airport. Load up all my dried food and guns/ammo and head to a friends airport in Northern Nevada. Haven't flown in about 4 years but it's just like ridding a bike. One trip down the runway and 15 minutes in the air it'll all be good.

Isn't landing the hard part?

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California's politicians and government employees are a crime gang that makes the Mexican drug cartels look like a Girl Scout Troop in comparison.